NL20 for living?

I have to make next step in my poker career. So I am going to play NL20 with 5BI BRM. So far so good. I also have some money but not on the poker account. What do you think? Am I going to broke? And also I want to earn aprox 50$ a day. Is it possible on that limit?

5 Bi is just ridicilous. I would take a sidebet that you will go broke with such a BRM. $50 a day is possible but pretty difficult imo. Don't think of making a living out of poker until you reached NL200.

Depends how much is for you for living? I mean if for living is average salary +lets say 25% minimum(since poker can be cruel and in short term even if you played well you can run bad and be in big problems) even at NL20 SH can be done if you take it as work and play 160hours month.

Calculations are easy.

If you play 4 tables thats like 300hands hour/160=48k hands

If you have winrate 5BB/100 that makes 600$
If you have winrate 10BB/100 that makes 1200$ and so on.

Now lets say you get 30% rake back. I would say that playing 48k hands on NL20 you would make ~ 700$ rake*0,3=210$.

Calculations are easy what is not easy is how you will manage downswing or even worse what you'll do if you'll play like crap etc.

Just play for fun for half year if you'll do good you'll jump limits to at least NL100 and if you'll do good there than ...

With 5bi you go broke. As for living out of nl20 winnings, it's possible, depends from what country you are. But then again, why would you want to grind all day long microstakes just to cash out without perspectives to move up while you could get a regular job and just build your roll at free time so to be able to play higher.

Originally posted by TribunCaesar
5 Bi is just ridicilous. I would take a sidebet that you will go broke with such a BRM. $50 a day is possible but pretty difficult imo. Don't think of making a living out of poker until you reached NL200.

Nightfrostas is from Lithuania..
minimum wage here is about 350$ a month.. decent wage is ~~700$ ;d and with 1500$/month you can w/o bothers
so yeah with nl200 you have to win 170bb to get min wage ^_^

This post has been edited 2 time(s), it was last edited by Ejeckt: 02.05.2009 00:22.

I'm sure he meant 50BI, not 5.

Well it's possible to play for a living at NL20. I doubt you'll have a very good income, and times will be hard when you hit a downswing and don't have any or very little income to show for a month. Additionally, because you'll have to cash out for expenses, moving up in the limits will be very difficult.

I think that if you can get to $5000BR, you can then consider dedicating more of your life to making poker a career. As TribunCaesar wrote, get to NL200, evaluate, and then make your decision.

This is actually pretty easy, if you think about it. For example, business owners also need starting capital, and way more than $5000 to establish themselves and then make it a good living. In this regard, poker requires relatively little monetary investment. So I would not rush it, because poker is not a get rich quick plan. Wait until you're in a better spot - play your life like you play your cards. Patiently and confidently.

When you're ready to go pro (to make poker your profession, for a living), you won't need to come to the forums and ask for opinions. You'll know yourself.

Ok I have played limit before. But on 0,25/0,5 I am good but found more juicy NL4. So now I am playing that. But its too low. In fact after today I have 6,5BIs for NL20. If its as fishy as NL4 I have no doubt to get solid 50$ a day.

And if I will go broke ... its only one accout and I can downgrade and deposit some of my prev winnings. Of course NL20 is only starting point but after a year of playing poker earning aprox 300$ its time to move from micros somehow...

oh wow, after reading that i have re-evaluated your chances of going broke up to 100%, the only experience you have of NL is on NL4 and from what it sounds like a few k hands at most, and you are currently on a heater.

This post has been edited 1 time(s), it was last edited by Dragar: 02.05.2009 02:18.

Originally posted by Alafoe
50BI? And you meant NL200. I am sure

Ok I have played limit before. But on 0,25/0,5 I am good but found more juicy NL4. So now I am playing that. But its too low. In fact after today I have 6,5BIs for NL20. If its as fishy as NL4 I have no doubt to get solid 50$ a day.

And if I will go broke ... its only one accout and I can downgrade and deposit some of my prev winnings. Of course NL20 is only starting point but after a year of playing poker earning aprox 300$ its time to move from micros somehow...

No its not... your BR will determine your move. 6.5BI? You mad?
Read my blog to see what can happen on Nl20... I had multiple 250$ downswings.... how will you be able to handle that?

Its not as fishy as NL4. Here if you wanna move up, use this:

Nl4 till 200$.
Then NL10 till 400$ and you can take shots at NL20
NL20 from 400 (500$ is better) to 1,000$ then you can take shots at Nl50

And this is already a very aggressive BRM where you might have to switch back down limits if the shots go wrong..

P.S you cannot use Nl20 to make a living.... its way to low. If you stop there you will seriously hinder your potential. Nl100 and 200 is the breaking point where you will find out if you have what it takes or not.

If you expect to make $50 daily on NL20 with a BR of 6,5BI you'll be to NL50 in no time, provided you're lucky.

There really is no realism in your forecast. If you would be able to beat those limits that easy there wouldn't be any point in playing those limits. You would be rich in no time. That doesn't make any sense.

Originally posted by luitzen
If you expect to make $50 daily on NL20 with a BR of 6,5BI you'll be to NL50 in no time, provided you're lucky.

There really is no realism in your forecast. If you would be able to beat those limits that easy there wouldn't be any point in playing those limits. You would be rich in no time. That doesn't make any sense.

Why is it pointless?

I mean... I'd rather get rich on lower limits than break even on higher limits.